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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

First Solar, the largest solar panel maker in the US, today announced that it has broken ground on India’s first fully vertically integrated solar plant. It will produce First Solar’s Series 7 solar panels that are developed at its US R&D centers and optimized for the Indian market.

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Porsche launches carbon offsetting program for US drivers

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and habitat preservation in Zimbabwe. Customers can then follow a quick link to make financial contributions to environmental projects designed to offset their individual carbon footprint.

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Porsche launches carbon offset program in US

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. The Porsche Impact program is managed by South Pole, a Swiss-based provider of carbon offsetting and sustainability financing that has been active internationally for more than a decade.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Falling capital costs enabled record volumes of both solar (132GW) and wind (73GW) to be installed on the basis of the modest increase in dollar investment.

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